Price volatility is the most integral factor of the bitcoin. This popular cryptocurrency is prone to sudden and sharp dips and surges. In December 2017, bitcoin was riding at $1,000 that flew high and hit the peak of $20,000 level in mid-December and then dropped down to $13,000 at the end of the year.
Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim that the Gross Domestic Product (GDP) of Japan will increase by 0.3% in the initial three months in 2018. towards the end of 2017, this currency helped in the increase of market capitalization by Yen 12 trillion. The analysts say that if this latest trend keeps on increasing